POTUS vs. The Republican Candidate

RCP: Its very early folks, but lets have a look at how President Obama manages against the leading Republicans. RCP has a the main candidates. The list has two polls by CNN, Obama vs. Romney has POTUS on 49%, while Governor Romney on 48%. Thus very good for Romney, also a way for him to show Republican voters who want a winner that he can beat POTUS. The main rival to Romney is the Governor of Texas, Rick Perry, here POTUS is on 51%, while Perry has 46%. This is also good for Perry, as the Governor does not enter the race in till Saturday. This is early folks, very early, but it can be argued that the two Republicans who have real chance of winning the Republican nomination are Romney and Perry, and that it can be postulated as stated in this blog that Perry being the natural conservative, charismatic and has that Reagan appeal, could very well be the next President of the US.

The Weekend Polls and the 2012 Election

RCP: Hast the average of the latest job approval for President Obama. The latest average has President Obama on 43.3% Approval, while 50.4% of voters Disapprove of the job performance of President Obama. Thus if you’re the Chicago Re-Election Committee not great but at least POTUS is still in the 40s%, and as noted Ronald Reagan was down to 35%. Lets get real here folks, Obama cant run on his record, 9.1% Unemployment, ObamaCare, the US downgrade, all negatives, on the international front, the US is still in Iraq/Afghanistan and under the Obama watch now Libya, the death of OBL saw a brief swing of popularity of Obama, but that went away faster than the Titanic went down! Thus its going to be a mean Chicago election, the Democrats will try to destroy the Republican Candidate by raising more money and using it early, aka Bill Clinton in 1996. But least it wont be a boring election folks, that’s the fun of Democracy folks.

On the Bookshelf

How to Survive the Titanic or The Sinking of J. Bruce Ismay by Frances Wilson.

The Alastair Campbell Diaries, Volume Two, Power and the People by Alastair Campbell.

No French Growth = Eurozone Crisis

Guardian: Reports NO growth in the French economy between April and June. No wonder the AAA rating of France is seen as under threat, also one can postulate that the French Government will have to bailout their banks due to the Greek Sovereign default. As noted by the Daily Telegraph a few days ago the bailouts of the PIGS has already started to damage the economic foundations of Germany and France, the cost of their borrowing has started to go up, with the ECB bailouts of Italy and Spain in essence a short term measure it can be argued that that EU is heading for the financial cliff, either solve the debt problem or go down like the Titanic.

Eurozone Crisis = Live

Telegraph Live: Has interesting commentary form the BBC Business Editor Robert Preston on what happened in the UK in 2008 after the UK imposed a short selling ban, in essence a banking collapse. Folks the banks in Spain, Italy, France and Belgium will either have enough money to survive or they will need a Government bailout, then the debt from these banks will be on the Governments ledger, lets recall Belgium does not even have a Government, and its been a year. Just more debt added on to more debt folks, it can only end one way, bailouts and the end of the Euro.

Banning Short Selling = Eurozone Crisis

BBC News: Reports that Italy, France, Spain and Belgium have banned short selling of shares, this means selling shares you don’t have at a high and buying them at a low to complete the contract. This move was done to protect the banks of France and Italy, as a recent Daily Mail article noted the major banks in these Countries are under threat due to the sovereign debt default of Greece, this move in tactical folks, the strategic problem still exists, that is the major dark cloud of debt in Italy and Greece, Greece has had to be bailed out twice at the cost of multi billion euros, while Italy in effect has seen its Budget process take over by the European Central Bank, the ECB has demanded that Italy bring forward its Austerity packages, lets see if they do and it works. The DEBT mountain wont go away folks, in less the EU gets the fact that the social model for the 21 Century cant be the same as the 20th Century then it will fail, sooner or later, and it will be sooner when the tax payer in either France or Germany say NO. Then its over folks.